2008

December 2008Carmen Copper completed its first shipment of copper concentrate to China.

September 2008Production resumed with a start-up milling rate of 20,000 metric tons of copper ore per day.

2007

September 2007Started full-scale rehabilitation of the Toledo Copper Mine

2006

Atlas Mining concluded a funding transaction with Crescent Asian Special Opportunities Portfolio (CASOP), a Singapore-based equity partner, to finance the Toledo Copper Mine rehabilitation and reopening. This development set into motion the clock to re-start the road to rehabilitation.

2004

September 16, 2004Carmen Copper Corporation (“Carmen Copper”) was incorporated as a subsidiary company of Atlas Mining to operate the Toledo Copper Mine located at Barangay Don Andres Soriano, Toledo City.

2003

Ramos-owned Alakor Corporation acquired substantial shares in the company

1995

Atlas Consolidated Mining was delisted in American Stock Exchange (ASX)

1994

August 16, 1994Atlas Mining’s operations were suspended indefinitely

1985

Atlas production began to taper due to falling copper price and operational downsizing. Further metal price fluctuations years ahead resulted to successive yearly negative cash-flow performances.

1978

June 30, 1978From its modest beginning, Atlas Mining had steadily grown through the years and at its peak, had attained a milling capacity of 110,000 dry metric tons (DMT) per day. It was once touted as the largest producer of copper in the Far East and one of the biggest copper mines in the world.

1973

Atlas Mining was listed in the American Stock Exchange which led to a sizeable influx of US capital in the mining industry in the Philippines

1970

Atlas Mining was listed in the Philippine Stock Exchange (PSE)

1955

Started mining operations in Lutopan pit and milling operations at 4,000 dry short tons (DST) of ore per day until it expanded its plant capacity to 10,000 DST per day as a result of discovery of larger ore reserves in its mining concessions

1953

Incorporated as Atlas Consolidated Mining and Development Corporation

(“Atlas Mining”) was incorporated from a merger of Antamok Gold Mines, Masbate Consolidated Mining Company and IXL Mining Company under the aegis of Andres Soriano y Roxas